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FundsIndia Vs ICICI Direct
| | Broker Comparison, Trading | No Comments
FundsIndia Vs ICICI Direct comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
FundsIndia Vs ICICI Direct Comparison
ICICI Direct is a full-service stockbroker and the retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is the biggest retail stockbroker company in India.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia Vs ICICI Direct to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
FundsIndia Vs ICICI Direct Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Here is the detailed comparison between FundsIndia Vs ICICI Direct:
 |  | |
| ICICI Direct Review | FundsIndia Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2000 | 2009 |
| Number of branches across India | 154 | 1 |
| Exchanges | BSE, NSE | SEBI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | INR 0 | ₹0 |
| Trading Account Annual Maintenance Charges | INR 700 | ₹200 |
| Demat Account Opening Charges | INR 0 | ₹0 |
| Demat Account Annual Maintenance Charges | INR 0 | ₹0 |
| Transaction Charges | ICICI Direct Transaction Charges | FundsIndia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.55% | Min. ₹6, Max ₹20 |
| Intraday Delivery | 0.275% | Min. ₹6, Max ₹20 |
| Equity Futures | 0.03% to 0.05% | Min. ₹6, Max ₹20 |
| Equity Options | INR 35 to INR 95 per lot | Min. ₹6, Max ₹20 |
| Currency Futures | 0.03% to 0.05% | NA |
| Currency Options | INR 10 to INR 25 per lot | NA |
| Commodity | NA | NA |
| Calculate Brokerage | ICICI Direct Brokerage Calculator | FundsIndia Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 25 times & Delivery upto 5 times | Upto 5 Times |
| Equity Futures | Upto 4 times for intraday | Upto 5 Times |
| Equity Options | NA | Upto 5 Times |
| Currency Futures | NA | NA |
| Currency Options | NA | NA |
| Commodities | NA | NA |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | TraderRacer | FundsIndia Web, FundsIndia Mobile App |
| Complaint Percentage of Active Clients | 0.02% | 0.02% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with FundsIndia Vs ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
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FundsIndia Vs ICICI Direct
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